Boha Glass Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08255067 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2015

for

Boha Glass Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr B P Kirsen

Mrs A T Kirsen

REGISTERED OFFICE:

Sunnyside

Blackmoor Road

Abbots Leigh

Bristol

North Somerset

BS8 3RH

REGISTERED NUMBER:

08255067 (England and Wales)

ACCOUNTANTS:

McManus Williams Limited

Chartered Certified Accountants &

Taxation Advisers

Suite 2 Bellevue Mansions

18-22 Bellevue Road

Clevedon

BS21 7NU

FIXED ASSETS

Tangible assets

2

370

494

CURRENT ASSETS

Stocks

28,980

32,223

Debtors

-

509

Cash at bank

2,375

855

31,355

33,587

CREDITORS

Amounts falling due within one year

39,690

38,544

NET CURRENT LIABILITIES

(8,335

)

(4,957

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,965

)

(4,463

)

CAPITAL AND RESERVES

Called up share capital

3

20

Profit and loss account

(7,985

)

(4,483

)

SHAREHOLDERS' FUNDS

(7,965

)

(4,463

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 12 July 2016 and were signed on its behalf by:

Mrs A T Kirsen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 31 October 2015

879

DEPRECIATION

At 1 November 2014

385

Charge for year

124

At 31 October 2015

509

NET BOOK VALUE

At 31 October 2015

370

At 31 October 2014

494

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.15

31.10.14

value:

£

2

Ordinary

£10

20

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, the company owed Mr & Mrs Kirsen £35,051 by way of a credit on their

Director's Loan account. No interest is being charged on this balance, nor are any specified repayment terms

agreed.

5.	GOING CONCERN

The company continues to enjoy the full support of its Directors and is regarded by all as a going concern.